Quite sure, about 10 years ago, a plate of nasi lemak only cost RM1.50 to 2.00. Today it's $3.00 to 3.50? In 15 years, it could cost............say RM6.00???
Toyota78 In recent months only Hong Leong Investment Bank make a Buy Call with TP of RM1.74 ___________________________ If you believe Con banker, get ready to Sell your House to cover losses. Buy only when Banker say everything is going to Die i.e. Banker buying. Who pay HLG analyst Salary, You or Boss Qwek Len Chan?????
We should take a mid-long term view of DNeX/SilTerra
One door closes another one opens ...
Nvidia is caught up in the new sanctions the U.S. is imposing on China. The company said it will not be able to export two of its AI chips to China, its second-largest market. That will likely cost Nvidia some $400 million in lost sales for this third quarter and interrupt some production that happens in China.
This will impact TSMC as posted earlier as Nvidia accounts for 10% of TSMC business.
TP and forward earnings criteria is based on certain scenario and foreseeable trading enviroment & recommendation per see and not just pluck from thin air. With zero research, financial ratio analysis or background facts. Oil prices may or maynot see any significant market retracement despite on going concern on demand. Production is something Opec +has fine tune to their advantage. Most Oil players are sticking to their forecast of between USD 90 - 110 per barrel. Chips sector is more cyclical with TSMC, Nvidia and AMD announcement that the US chip acts of USD 56 billion announced by Biden is insufficient for any home grown US manufacturers to compete efficiently. Both Intel and TEXAS have outsourced their plant 's production for ages in overseas countries. It's take at least 2 or 3 years down the road to start a foundry plant coming from scratch. Silltera sits on a nice plateau as Malaysia is consider as a US friendly trading nation. Not to mention. DNEX Platform B2B used by our custom exercise dept is highly regulated and nor easily replicated. Just do your own research before you buy or invest in any stocks. Not a buy call just my own sector view
Soon the investment will inject into these companies
PM Ismail Sabri: Saudi’s Ajlan Bros to invest RM34b in nine Malaysian companies
Publish date: Tue, 30 Aug 2022, 10:26 AM
KUALA LUMPUR, Aug 29 — Saudi Arabia conglomerate, Ajlan Bros Holding Group is set to invest close to RM34 billion (US$7.5 billion) in nine Malaysian companies, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
During the signing of the memoranda of understanding today, he said the nine companies are from the semiconductor, social trade, medical technology, defence and entertainment industries.
They are Dagang NeXchange Bhd; Aerodyne Systems Sdn Bhd; National Aerospace and Defence Industries Sdn Bhd; Twistcode Technologies Sdn Bhd; CyberSecurity Malaysia; Malaysia Genomics Resources Centre Bhd; Meta Universe Sdn Bhd; Light Up 7 Sdn Bhd and My Events Sdn Bhd.
Ajlan Bros is one of the top real estate conglomerates in Saudi Arabia, specialising in residential, industrial, commercial and warehousing space.
It has made considerable investments in more than 25 countries and has more than US$15 billion (RM67.3 billion) worth of assets as well as a revenue of over US$2 billion. — Bernama
Whatever … DNex is still a penny stock despite the many supposedly good news - they are in oil, chips, govt contracts, Foxconn story, MOUs with Saudis n Chinese, Good write up by Investment Bankers. With all these positives and yet still a penny stock I think it will take a long while before it goes back above RM1
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
NatsukoMishima
8,461 posts
Posted by NatsukoMishima > 2022-08-31 10:13 | Report Abuse
After 15 years rm 6 is good already if u have 100000 units at rm 0.86 , 5.14 × 100000 = rm 514000 ! Dam dam for your retirement !